Norse Atlantic cancels prior incentive scheme, launches 127,643,988-option plan at NOK 0.5 strike price
Bitget2026/09/23 20:16- Norse Atlantic cancelled its 2023 long-term share option program, scrapping all outstanding options.
- Board launched a new share option program totaling 127,643,988 options for senior management and selected key employees.
- Each option converts into one share at a NOK 0.5 strike price.
- Vesting runs four years in 25% annual tranches; options expire two years after vesting ends.
- Primary insiders received 96,067,000 options, led by CEO Eivind Roald with 42,995,000 options.
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